“The idea that stores are dead has been proven to be a fallacy,” said Michael Baker, an analyst for D.A. Davidson who has covered U.S. retailers for over two decades.
With more than 90 million sq. ft. of space to fill, mall landlords are wooing casinos, amusement parks, medical facilities and storage operators.
CEO Elon Musk said the dearth of affordable housing in the Bay Area and long commute times were among factors limiting Tesla’s ability to expand.
The social networking company will occupy 719,000-sq.-ft. at the former NetApp headquarters in Sunnyvale and additional space in nearby Burlingame.
With scarce space available and rents continuing to rise, industrial tenants are forced to do whatever is necessary to secure leases.
The markets where rents have been growing the most over the past two years are also the ones with the strongest tech job growth.
A SIOR sentiment report for the third quarter found 82 percent of sales and leases were on schedule for a closing.
Apartment rents have been going up pretty much everywhere over the past year. But which markets have seen the biggest increases?
Department store Dillard’s Inc. is benefiting from lean inventory that is taking away the need for discounting.
